Bitcoin Forum
November 10, 2024, 04:20:37 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: this is why cryptocurrency price become red for now  (Read 456 times)
hyunee
Full Member
***
Offline Offline

Activity: 476
Merit: 100


View Profile
February 07, 2018, 12:45:23 AM
 #41

That is one of the main reason why cryptocurrencies value are now on their biggest dump and i really hope they will recover soon. There are also some reasons why the price of the cryptocurrencies are no on its dump. One of the results for this is that cryptocurrencies' investors withdrawn their investment because they are afraid of the outcome for this. Which results to the lower value and biggest dump on the bitcoin. I've just read that some chinese investors tend to sell their money because of chinese new year. And we are all aware that lots of investors are mostly chinese people.
maiden
Member
**
Offline Offline

Activity: 457
Merit: 11

Chainjoes.com


View Profile
February 07, 2018, 12:51:18 AM
 #42

https://www.bloomberg.com/news/articles/2018-02-01/india-to-curb-cryptocurrency-use-while-embracing-blockchain
“The government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system,” Finance Minister Arun Jaitley told

what will you do ? hold or sell ?
Im still gonna hold mine, this is some kind of another manipulation tactics, government used threats like they dont legalize cryptocurrency, or anything then this will result another FUD.

Tuare aget
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
February 07, 2018, 01:32:14 AM
 #43

https://www.bloomberg.com/news/articles/2018-02-01/india-to-curb-cryptocurrency-use-while-embracing-blockchain
“The government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system,” Finance Minister Arun Jaitley told

what will you do ? hold or sell ?

Its not the only reason why bitcoin goes down rapidly this time.
The price nearly crash but i am not sure it will be really crash since the community still strong enough.
Holding is the only one reason which can make our asset value grow at least back to its beginning amount.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!